Absa Group (Absa Group) Change In Inventory : $0 Mil (TTM As of Jun. 2023)

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What is Absa Group Change In Inventory?

Absa Group's change in inventory for the quarter that ended in Jun. 2023 was $0 Mil. It means Absa Group's inventory stayed the same from Dec. 2022 to Jun. 2023 .

Absa Group's change in inventory for the fiscal year that ended in Dec. 2022 was $0 Mil. It means Absa Group's inventory stayed the same from Dec. 2021 to Dec. 2022 .

Absa Group's Total Inventories for the quarter that ended in Jun. 2023 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Absa Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.

Absa Group Change In Inventory Historical Data

The historical data trend for Absa Group's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Absa Group Change In Inventory Chart

Absa Group Annual Data

Trend

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Change In Inventory

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Absa Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Absa Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

Absa Group (OTCPK:AGRPY) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Absa Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 2
	=	N/A

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Absa Group's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Absa Group's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	2792.988
	=	0.00

Absa Group Change In Inventory Related Terms

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Absa Group (Absa Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Absa Group Ltd (OTCPK:AGRPY) » Definitions » Change In Inventory

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Traded in Other Exchanges

ABG:South Africa AGRPF:USA AU61:Germany

Address

15 Troye Street, 7th Floor, Absa Towers West, PO Box 7735, Johannesburg, GT, ZAF, 2000

Website

https://www.absa.africa

Absa Group Ltd is a financial services company that has five main business segments: Product Solutions Cluster, Everyday Banking, Relationship Banking, Absa Regional Operations RBB (ARO RBB), CIB, & Head Office, Treasury, and other operations. The majority is from the Corporate and Investment Bank (CIB) segment which includes prioritized new-to-bank clients across key growth and priority sectors. CIB continued to up-sell and cross-sell new products and services to existing clients. Geographically, the majority is from South Africa.

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